Brad Setser
@Brad_Setser
CFR senior fellow. Views are my own. Writes on sovereign debt, trade, fx reserves and capital flows.
Joined May 2016
1.1K Following 158.4K Followers
Indeed. My work suggests China's current account surplus should have tracked the movement in its non gold customs surplus -- and thus the true surplus is $1.2 trillion/ 5.5% of GDP or so, 1.5 pp of GDP more than the reported 4 pp surplus
Show more
